What's at stake?

The government's green paper on pension reform outlines the proposed stakeholder pension. Ian Lindisfarne asks what this could mean for brokers.

At the end of last year, the government launched its much heralded
Green Paper A New Contract for Welfare, Partnership in Pensions. The
paper's 100 pages of detailed proposals, sets out the government's aim of
building a new contract for pensions between the state, the private sector
and the individual. Those who can save for their retirement are seen as
having the responsibility to do so, with the state providing security for
those who cannot.


As expected the Basic State Pension will be retained